Cory Thompson

Mid America Mortgage, Inc.

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CORY THOMPSON
NMLS ID 225056 • Located in Texas
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Cory Thompson October 27, 2023 Leave a Comment

Turned Down for a Mortgage? What to Do if You are Declined

If you have been declined for a mortgage, you may think that buying that new home is out of reach. However, there are ways to turn a rejection into an approval and to find a more accessible loan. Here are just a few steps you can take to learn about your loan options and get […]

Filed Under: Home Mortgage Tagged With: Mortgage Acceptance, Mortgage Financing, Mortgage Tips

Cory Thompson October 26, 2023 Leave a Comment

What Are The Pros And Cons Of ‘No-Deposit’ Mortgage Deals For First-Time Buyers?

“No-deposit” mortgage deals for first-time buyers refer to mortgage options that allow buyers to purchase a home without having to put down a deposit or a down payment. Here are the pros and cons of such deals: Pros: Lower upfront costs: The most significant advantage of a no-deposit mortgage is that it eliminates the need […]

Filed Under: Home Financing Tips Tagged With: Applying For A Mortgage, Mortgage Options, No Money Down

Cory Thompson October 25, 2023 Leave a Comment

What is a Closed-End Second Mortgage?

A closed-end second mortgage is a type of loan that allows a borrower to obtain a lump sum of money using their home as collateral. It is considered a “second” mortgage because it is taken out in addition to the borrower’s primary mortgage. The term “closed-end” refers to the fact that the loan has a […]

Filed Under: Home Mortgages Tagged With: Closed End Mortgage, Mortgage Options, Second Mortgage

Cory Thompson October 24, 2023 Leave a Comment

Reasons You Need an Insurance Binder and How to Get One

When a borrower applies for a mortgage loan, the lender typically requires proof of insurance coverage before they approve the loan. An insurance binder is a document issued by the insurance company that provides temporary proof of insurance coverage until the official insurance policy is issued. The insurance binder for mortgage loans will typically include […]

Filed Under: Mortgage Tagged With: Insurance Binder, Mortgage Insurance, Premiums

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Cory Thompson

Cory Thompson


Mortgage Loan Originator
Mobile 832.347.1855
Office 281.218.0505

NMLS ID 225056

Legend Lending

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Recent Posts

  • Strategies to Save on Your Mortgage in a Rising Rate Environment
  • 5 Key Steps in the Mortgage Underwriting Process
  • Understanding the Temporary Rate Reduction Mortgage
  • Why Credit Monitoring Matters During the Mortgage Process

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Houston, TX 77058

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